Private Equity
Boulder, Colorado-based Automox, a provider of patch management and endpoint protection solutions, has raised $2 million in funding. Blue Note Ventures led the round.
1 min read · 07 March 2018
San Francisco-based Wildflower Health, a mobile health software company, has secured $8 million in funding. Health Enterprise Partners led the round with participation from Hatteras Venture Partners and Echo Health. In addition to the funding, Ezra Mehlman of HEP, has been added to Wildflower Health's board of directors.
1 min read · 07 March 2018
Menlo Park, California-based Voicera (formerly Workfit), a creator of Eva, an enterprise voice assistant, has secured a total of $20 million in funding. The company's investors include e.ventures, Battery Ventures, Cisco Investments, GGV Capital, Greycroft, GV, Microsoft Ventures, Salesforce Ventures and Workday Ventures.
1 min read · 07 March 2018
Toronto-based Ecobee Inc, a maker of a smart Wi-Fi thermostat, has raised C$80 million ($61 million) in Series C funding. Energy Impact Partners led the round with participation from other investors that included Thomvest, Relay Ventures and the Amazon Alexa Fund.
1 min read · 07 March 2018
San Francisco-based Atomwise, which uses artificial intelligence to help discover new medicines and agricultural compounds, has raised $45 million in funding. Monsanto Growth Ventures, DCVC and B Capital Group led the round with participation from Y Combinator, Khosla Ventures, DFJ, Baidu Ventures, Tencent and Dolby Family Ventures.
1 min read · 07 March 2018
Ecobee Inc, the Toronto-based maker of a smart Wi-Fi thermostat, has secured $80 million in a Series C financing, bringing its total funding to date to about $188 million. Energy Impact Partners led the latest round. It was joined by Amazon Alexa Fund, EDC, GXP, Northleaf Capital Partners, Ontario Capital Growth Corp, Relay Ventures, Tech Capital and Thomvest. Since its founding in 2007, Ecobee said it has won more than a third of the smart thermostat market and shown over 100 percent year-over-year growth. Led by President and CEO Stuart Lombard, it will use the funds raised to advance its product suite using voice capabilities, sensor technology and artificial intelligence.
4 min read · 07 March 2018
Bandura Systems said it raised $3.5 million in a seed round backed by Blu Ventures, Gula Tech Adventures, the Maryland Tech Development Corp., Prosper Women Entrepreneurs, SixThirty, SixThirty Cyber and UMB Financial Corporation.
1 min read · 07 March 2018
MyCheck said March 6 that it has been acquired by O.G. Tech Ventures. Financial terms weren’t announced. MyCheck is the mobile payment technology provider for the hospitality industry. O.G. Tech Ventures is the tech investment VC fund of Eyal Ofer’s Ofer Global group.
3 min read · 06 March 2018
TeraPore Technologies said March 6 that it completed a $6 million series A round led by Anzu Partners. RA Capital Management, Artiman Ventures and Wilson Sonsini Goodrich & Rosati also participated. TeraPore, of South San Francisco, develops advanced nanofiltration membrane systems for bioprocess and other applications.
4 min read · 06 March 2018
Canada’s venture capital market saw 11 percent growth in 2017 with $3.5 billion invested in 592 financings, compared to $3.2 billion invested in 2016, according to a report by the Canadian Venture Capital and Private Equity Association (CVCA). Domestic market activity is now about twice the size it was five years ago, the CVCA said. A key factor in 2017 results was rounds sized $50 million-plus, though activity at the smaller end of the deal spectrum also saw growth. Led by the $207 million Series D financing of Lightspeed, Canada's information technology sector accounted for the largest share of VC invested last year (71 percent).
4 min read · 06 March 2018
